Thousands of startups have been formed over the past decade to focus on combating cybercrime, which is expected to cost the world $6 trillion annually in 2021 — up from $3 trillion in 2015.
The second annual list of the Hot 150, compiled by Cybersecurity Ventures, recognizes the most innovative companies in the cybersecurity market. The list consists of pure-play companies focused exclusively or primarily on cybersecurity. All companies earn their spot based on merit, there is no “pay-to-play,” no cost to apply or to be listed.